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Jan 15, 2013
01/13
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KQED
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but not until you take care of the debt ceiling and get that off the table. that was the president's principal message today and he got a lot of conversation about why not negotiate. he said he's to the going to. we'll leave it there at least for the time being. >> rose: what will the republicans do, will they shut down the government. >> no, not over the debt ceiling. they may over the continuing resolution this is not their best vehicle. my guess is what they will probably have to do is give him a short-term extension. and then see if the senate will go along. they being of course the house republicans and just try to prolong this fight for a while. they don't want to have-- not shutting down the government is really spooking the credit markets and everything that major talked about a moment ago. and how the president would handle short-term extension is another matter. i think that would back him into a corner. he also ran into a problem because both in response to major and in response to julianna goldman he said i'm not going to negotiate over this. if t
but not until you take care of the debt ceiling and get that off the table. that was the president's principal message today and he got a lot of conversation about why not negotiate. he said he's to the going to. we'll leave it there at least for the time being. >> rose: what will the republicans do, will they shut down the government. >> no, not over the debt ceiling. they may over the continuing resolution this is not their best vehicle. my guess is what they will probably have to...
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Oct 20, 2013
10/13
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FBC
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of raise the debt ceiling. raise the debt ceiling. john: it's hard to give my brain around it. it helps to look at the debt over time. for 150 years america had almost no debt. it rose during world wars, came down after world war ii, but then starting around 1980 exploded. and is gone straight up in this is unsustainable. outside this building. i show people how much we spend per person every year. most agree that america has a spending problem. then ask a with a cat. >> you can't get health care. >> what should we cut? price social security cards and not sure what else you can get. >> a great deal on the military, medical care. john: that should be cut?? >> that's a hard question. john: you can't answer it. >> absolutely not. john: a few people have suggestions with tells me in the san the the point of all those democrats to say just raise the debt ceiling. one of those is the rilliant bob beckel. brilliant because you fight with people every day and often win all by yourself, but you are not worried about this 17 trillion. >> you know, i liked you a lot. every time i hear you
of raise the debt ceiling. raise the debt ceiling. john: it's hard to give my brain around it. it helps to look at the debt over time. for 150 years america had almost no debt. it rose during world wars, came down after world war ii, but then starting around 1980 exploded. and is gone straight up in this is unsustainable. outside this building. i show people how much we spend per person every year. most agree that america has a spending problem. then ask a with a cat. >> you can't get...
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Jan 15, 2013
01/13
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KRCB
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>> it's pretty hard on this one, charlie because he's right on the debt ceiling. major history absolutely dead on. but the debt sealing is a fraud. a total fraud. shouldn't exist. people from alan greenspan to tim geithner to anyone who has looked at it, to paul krugman say it is a total fraud. it's a political device. so on that he's right. and on the substance, right now i think that obama, he may not have articulated as well as quo have but i think he has clearly indicated that if you are looking for more deficit reduction, a bigger deal, not a big deal, he's willing to go pretty far for a democrat on entitlements. right now republicans-- . >> rose: how do you know that? >> well, i think he said he's willing to do that. he has put on the table in private conversations that they had in december, he was perfectly willing to go along with the change in the change for social security, he indicated strongly that he would look at some kind of means testing for affluent medicare recipients. those aren't little things. they are not as much as some people want. but the
>> it's pretty hard on this one, charlie because he's right on the debt ceiling. major history absolutely dead on. but the debt sealing is a fraud. a total fraud. shouldn't exist. people from alan greenspan to tim geithner to anyone who has looked at it, to paul krugman say it is a total fraud. it's a political device. so on that he's right. and on the substance, right now i think that obama, he may not have articulated as well as quo have but i think he has clearly indicated that if you...
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Jan 15, 2013
01/13
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CURRENT
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this is about doing the debt ceiling about paying the debt. it has nothing to do with the sequester. he didn't talk about them together. he talked about them separately. in fact, that's where the negotiating will happen. he said to congress we'll have to figure out a way not to increase deficit. it will have to come with spending cuts. >> cenk: more austerity, i wouldn't do any more of it. but he also talked about guns. >> he was asked about guns. i think what we'll hear him talk about hear here now but 836 people now since the newtown tragedy has died. that's almost as if we have woken up for 32 days and there was a nu town every single day. >> cenk: every time we update it i get surprised. oh, my god, it's been that many more and it's insanity. i think a great majority of the american people are on to it. it is a majority, 52% of americans are now more supportive of gun control since newtown. we're making progress, of course it depends on what is in it. >> he has the option and he's talking about using the executive order. here is the presid
this is about doing the debt ceiling about paying the debt. it has nothing to do with the sequester. he didn't talk about them together. he talked about them separately. in fact, that's where the negotiating will happen. he said to congress we'll have to figure out a way not to increase deficit. it will have to come with spending cuts. >> cenk: more austerity, i wouldn't do any more of it. but he also talked about guns. >> he was asked about guns. i think what we'll hear him talk...
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Oct 7, 2013
10/13
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WMPT
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but the greatest risk looms in just ten days when the federal government hits the debt ceiling, running out of borrowing authority and defaulting on paying its debt. treasury secretary jack lew said sunday he cannot extend the deadline any further. >> i'm telling you that on the 17th we run out of our ability to borrow and congress is playing with fire. if they don't extend the debt limit, we have a very, very short window of time before those scenarios start to be played out. >> reporter: today jean sperling, a senior presidential economic advisor did not rule out accepting a debt ceiling extension of just 2
but the greatest risk looms in just ten days when the federal government hits the debt ceiling, running out of borrowing authority and defaulting on paying its debt. treasury secretary jack lew said sunday he cannot extend the deadline any further. >> i'm telling you that on the 17th we run out of our ability to borrow and congress is playing with fire. if they don't extend the debt limit, we have a very, very short window of time before those scenarios start to be played out. >>...
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Jan 6, 2013
01/13
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CNNW
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can you get a deal on the debt ceiling? can you raise that debt ceiling without agreeing to some spending cuts? >> well, i think we're going to need both. what the president has said is we need some balance here. from this point forward -- >> excuse me what, the president said he's not going to deal. he's not going to negotiate. he just wants you to raise it. is that going to happen? >> let me add one thing. i think in the course of the state of the union address, and the president has already said, it we're going to be talking about further deficit reduction, but it has to be done in a balanced way. at the heart of this debt ceiling debates is whether or not we're going to continue to reduce the deficit. i think we need to do it in a thoughtful way. and the president said as long as it's balanced he's open to the conversation. >> okay. so i'm confused because i've heard him say multiple times i am not going to negotiate over raising this debt ceiling. so are you going to negotiate? >> i can just tell you this. the debt cei
can you get a deal on the debt ceiling? can you raise that debt ceiling without agreeing to some spending cuts? >> well, i think we're going to need both. what the president has said is we need some balance here. from this point forward -- >> excuse me what, the president said he's not going to deal. he's not going to negotiate. he just wants you to raise it. is that going to happen? >> let me add one thing. i think in the course of the state of the union address, and the...
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Oct 8, 2013
10/13
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FOXNEWSW
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he loses on the debt ceiling. he's really afraid of that debt ceiling. he says he won't bend on this. of course, he will have to at the 11th hour. he can't afford to be remembered as the first president who defaulted or allowed a condition to which it could happen. so i think what we just heard in that sound byte was he pointed to an exit ramp for the speaker. he basically says, well, i i said i won't negotiate while the debt ceiling is hanging over us. so you give me a three-week extension. boehner has said i won't give in on this and give him a clean extension. so it won't be a clean extension of the debt ceiling. it will be i'll give you three weeks, but you got to give me a committee. he told how he wants it it structured. 20 members, i'll give you the agenda, it it will be attached. so it will be a conditional extension. i think the president gets away and he finesses it. we know what happened the last time around. they had a supercommittee that didn't succeed. that's the way you avoid the disaster from the president's perspective. boehner has said
he loses on the debt ceiling. he's really afraid of that debt ceiling. he says he won't bend on this. of course, he will have to at the 11th hour. he can't afford to be remembered as the first president who defaulted or allowed a condition to which it could happen. so i think what we just heard in that sound byte was he pointed to an exit ramp for the speaker. he basically says, well, i i said i won't negotiate while the debt ceiling is hanging over us. so you give me a three-week extension....
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Sep 22, 2013
09/13
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FBC
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because the debt ceiling -- >> hold on, david. let gary go. >> the argumen rang the same as when were talking about the sequester. oh, my gosh, it's going to be catastroic. we can't live without the government spending. meanwhile, here's the effect of the sequester. people forget about that. as far as not paying the debt limit, what would happen if we didn't pass it? the governmentthe treasury department would have to prioritize the debt and interest payments. they could do that. they could make that a top priority. d eswhat? they'd have to live within their means for the other parts of the spending. it can't be done, but the government won't do it. >> the last time we did that, the stock market within three weeks went down 17%. consumer cfidence went down. >> are you saying the government's responsibility is to the stock market? >> no. i'm saying that you give confidence to decision making -- i don't care about that. i care about the long-term future of my kids. >> guys, you're talking over one another, ok? our viewers hate that.
because the debt ceiling -- >> hold on, david. let gary go. >> the argumen rang the same as when were talking about the sequester. oh, my gosh, it's going to be catastroic. we can't live without the government spending. meanwhile, here's the effect of the sequester. people forget about that. as far as not paying the debt limit, what would happen if we didn't pass it? the governmentthe treasury department would have to prioritize the debt and interest payments. they could do that....
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Jan 5, 2013
01/13
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ronald reagan, george bush, both bushes, raised the debt ceiling, bill clinton raised the debt ceiling, that's something we've never played with because then we're playing with the country's credit rating and that's something we should all come together on and we've never had it happen before. why now play politics on the debt ceiling. it doesn't make sense. >> i'll have to leave it retorically, good to see you. >>> new revelations about marilyn monroe, you'll hear from the reporter that dug up fbi files on the movie star. [ male] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the eas
ronald reagan, george bush, both bushes, raised the debt ceiling, bill clinton raised the debt ceiling, that's something we've never played with because then we're playing with the country's credit rating and that's something we should all come together on and we've never had it happen before. why now play politics on the debt ceiling. it doesn't make sense. >> i'll have to leave it retorically, good to see you. >>> new revelations about marilyn monroe, you'll hear from the...
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Dec 15, 2013
12/13
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CSPAN
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ceiling to prioritize debt payments? >> the issue of whether or not that decision is made is fundamentally a presidential decision. >> have you as treasury secretary, your department, requested from the office of legal counsel? >> it would fundamentally be a question between the white house and the justice department. >> ok, let me point you to the fact that a huffington post article from last week says the obama administration took the platinum coin option more seriously than a lead on. this idea that you have a $1 trillion coin minted and deposited at the fed and draw upon that, it is according to the huffington post, the administration did ask the office of legal counsel for this absurd idea to actually be judged whether or not it is legal. at the same time, you will not say that you have asked whether or not you can prioritize payments. that is deeply concerning. >> i am prepared to discuss the policy on both of those issues. i don't disagree with you that the platinum coin is not an option. >> at me ask one final qu
ceiling to prioritize debt payments? >> the issue of whether or not that decision is made is fundamentally a presidential decision. >> have you as treasury secretary, your department, requested from the office of legal counsel? >> it would fundamentally be a question between the white house and the justice department. >> ok, let me point you to the fact that a huffington post article from last week says the obama administration took the platinum coin option more...
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Jan 12, 2013
01/13
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MSNBCW
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a new way to avoid the debt ceiling. hear what senate democrats are telling the president to do today. >>> fighting the flu. the illness has now reached epidemic levels in the u.s. is it slowing down? >>> signature moment. how comics are taking on jacob lew's unique, to say the least, scrawl of his name. good morning, everyone. welcome to "weekends with alex witt." what's happening out there. after meeting with the president of afghanistan, president obama sharing new details this morning on how he plans to end the u.s. involvement there. >> this remains a very difficult mission, the work ahead will not be easy. our forces are still in harm's way. but make no mistake, our path is clear, and we are moving forward. because after a decade of war, the nation we need to rebuild is our own. >> kristen welker is at the white house. a very good start morning to you. let's talk about the details that the president revealed about the future role of the u.s. in afghanistan. >> good morning to you, alex. the big headline that came o
a new way to avoid the debt ceiling. hear what senate democrats are telling the president to do today. >>> fighting the flu. the illness has now reached epidemic levels in the u.s. is it slowing down? >>> signature moment. how comics are taking on jacob lew's unique, to say the least, scrawl of his name. good morning, everyone. welcome to "weekends with alex witt." what's happening out there. after meeting with the president of afghanistan, president obama sharing...
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Oct 15, 2013
10/13
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CSPAN
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as part of a debt ceiling agreement. we need to have savings and ourrms that underlie problem. the problem that we are spending more than we take in. we cannot just raise the debt ceiling for another year at a trillion dollars in debt to the dutch we are ready have of $17 trillion. kind of like going to the bank. you go to the bank and talk to the banker and say i want to increase the loan i have and want to increase mice but it -- credit limit. he may be willing to give you but he will say what are you going to do to address the underlying problem? the president identified more billion dollars in changes in savings and reforms that he could support for mandatory spending programs. we talked about those times. now is the time to implement savings and reforms to the mandatory spending programs. i will give you an example of one that i have been hard at work on for the past two years. that is the farm bill. we work hard on changes and improvement and strengthening the crop insurance. that is what farmers and ranchers want.
as part of a debt ceiling agreement. we need to have savings and ourrms that underlie problem. the problem that we are spending more than we take in. we cannot just raise the debt ceiling for another year at a trillion dollars in debt to the dutch we are ready have of $17 trillion. kind of like going to the bank. you go to the bank and talk to the banker and say i want to increase the loan i have and want to increase mice but it -- credit limit. he may be willing to give you but he will say...
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Oct 8, 2013
10/13
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ALJAZAM
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now congress is facing off over the debt ceiling. congress says it will move along with raising the debt limit. >>> chemical weapons stockpile some suggest bashar al-assad play have annanallal tear i dont remember motive. >> and where world leaders look up -- look to recognition wind up the asia-pacific economic cooperation to threaten the world economy. >>> with welcome to al jazeera, i'm stephanie sy. hundreds of thousands of americans are still unable to return to work but the possibility of a new crisis is coming into focus. if congress fails to raise the debt ceiling the government will be unable to pay its bills by next week. al jazeera white house correspondent mike viqueira has more. >> there is growing concern over white house officials and economists that the government is coming way to close playing with fire, about to bust that debt ceiling without action from congress, there doesn't appear to be movement towards a settlement, john boehner says bhiewhile he's not simply going ohand president obama a clean rise of the debt
now congress is facing off over the debt ceiling. congress says it will move along with raising the debt limit. >>> chemical weapons stockpile some suggest bashar al-assad play have annanallal tear i dont remember motive. >> and where world leaders look up -- look to recognition wind up the asia-pacific economic cooperation to threaten the world economy. >>> with welcome to al jazeera, i'm stephanie sy. hundreds of thousands of americans are still unable to return to...
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ceiling debt crisis and the deficit of knowledge in congress you won't want to miss that it's coming right up but now let's get to the ship. with the holidays just around the corner we decided to kick off today's headlines with some debt free jubilee now this story it started all a little over one year ago when a group of occupy wall street activists created the strike down debt project known as rolling jubilee today the group has managed to abolish almost fifteen million dollars worth of personal debt now described on its.
ceiling debt crisis and the deficit of knowledge in congress you won't want to miss that it's coming right up but now let's get to the ship. with the holidays just around the corner we decided to kick off today's headlines with some debt free jubilee now this story it started all a little over one year ago when a group of occupy wall street activists created the strike down debt project known as rolling jubilee today the group has managed to abolish almost fifteen million dollars worth of...
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Oct 12, 2013
10/13
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ALJAZAM
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ceilings, i'm talking about raising the debt ceiling. harry reid said the negotiations on that front are over. he said the republicans were talking to the president, but that has now stopped, and so basically it's all eyes on the senate. it's all down to the senate. the republican caucus in the house seem to acknowledge these comments and they also, according to unnamed sources, you can guess who they are, all the usual candidates, basically there are no negotiations going on and the republicans in the senate should stand firm on their principles. of course, it's not that they want to see the debt ceiling not raised or that there is a potentially economic crisis coming. but they have their principle. they don't want to see more government spending. in the senate there is a vote taking place right now on raising the debt ceiling. they need 60 votes, and here is dick durban, the democrat from illinois who doesn't any a single republican is going to join the democrats. >> today at noon on the floor of the united states senate there is going
ceilings, i'm talking about raising the debt ceiling. harry reid said the negotiations on that front are over. he said the republicans were talking to the president, but that has now stopped, and so basically it's all eyes on the senate. it's all down to the senate. the republican caucus in the house seem to acknowledge these comments and they also, according to unnamed sources, you can guess who they are, all the usual candidates, basically there are no negotiations going on and the...
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Oct 9, 2013
10/13
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MSNBC
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. >> eyeing the debt ceiling. >> all about the debt ceiling. all this talk about default. >> it's nonsense. >> demagoguery. false demagoguery. >> when i hear people trying to downplay the conventions of that. >> nonsense. >> a lot of demagoguery. >> irresponsible. >> alternatives are popping up. >> some discussion about my powers under the 14th amendment. that's going to make people nervous. >> very hard to get into sound bites. >> there is no clear way out of this. >> there are no magic bullets here. >> we are now on day eight of the government shutdown. >> day act of the government shutdown. >> our goal wasn't to shut down the government. i don't think we should default on our debt >> we have got to stop repeating this pattern. the american people are tired of it. lord knows i'm tired of it. >>> tonight senate majority leader harry reid introduce aid perfectly reasonable, one sentence bill that would raise the debt ceiling until the end of next year which is a perfectly reasonable time frame for a typical debt ceiling increase in the past. th
. >> eyeing the debt ceiling. >> all about the debt ceiling. all this talk about default. >> it's nonsense. >> demagoguery. false demagoguery. >> when i hear people trying to downplay the conventions of that. >> nonsense. >> a lot of demagoguery. >> irresponsible. >> alternatives are popping up. >> some discussion about my powers under the 14th amendment. that's going to make people nervous. >> very hard to get into sound bites....
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Oct 11, 2013
10/13
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KCSM
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. >> john boehner offers a short- term debt ceiling deal. we will go live to washington in a moment. libya's prime minister calls for wisdom and not as collation. they also thank the military for their role in his release. a canadian short story writer awarded the nobel prize in literature for writing about the humans. . only the 13th woman to win the prize. developments in the u.s. where republican leaders will offer barack obama a short-term debt limit increase if the president agrees to negotiate on budget issues. let's now cross to our correspondent in washington. how significant is this offer? >> a breakthrough of sorts considering how big a stalemate this has been for weeks. it doesn't necessarily open a big conversation between republicans and democrats, nowhere near negotiations yet over the and to this government shutdown, but it is a concrete offer from republicans that the white house could except. it increases the debt limit until the 22nd of november. the 17th of october is when the united states started risking a default on its
. >> john boehner offers a short- term debt ceiling deal. we will go live to washington in a moment. libya's prime minister calls for wisdom and not as collation. they also thank the military for their role in his release. a canadian short story writer awarded the nobel prize in literature for writing about the humans. . only the 13th woman to win the prize. developments in the u.s. where republican leaders will offer barack obama a short-term debt limit increase if the president agrees...
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ceiling debt crisis and the deficit of knowledge in congress you won't want to miss that it's coming right up but now let's get to the show.
ceiling debt crisis and the deficit of knowledge in congress you won't want to miss that it's coming right up but now let's get to the show.
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doesn't secure a debt arising of its debt ceiling they'll have to default on its over sixteen and a half trillion dollars of borrowing so you have the rest of the world very wary they're panicking you have the heads of various major financial organizations global financial organizations like the i.m.f. talking about how american legislators need to be responsible but this bickering is ridiculous they need to find a way to get through this to the rest of the world doesn't have to pay for these dire consequences huge economic partners what will happen to them you have protests breaking out especially in the capital here over the weekend a group of truckers came in towards the u.s. capital you had veterans this sunday coming together and coming to memorials so there was thousands of protesters who in fact broke through a barricade on sunday to try to get to world war two monument they were peaceful just chanting slogans like break down these walls singing patriotic songs but yet there were riot police there ready to go to control these veterans and if the u.s. does go ahead and default of c
doesn't secure a debt arising of its debt ceiling they'll have to default on its over sixteen and a half trillion dollars of borrowing so you have the rest of the world very wary they're panicking you have the heads of various major financial organizations global financial organizations like the i.m.f. talking about how american legislators need to be responsible but this bickering is ridiculous they need to find a way to get through this to the rest of the world doesn't have to pay for these...
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Oct 15, 2013
10/13
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CNN
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we hit the debt ceiling in 1985. we didn't raise the debt ceiling, we hit it, we didn't raise it for three and a half months. we're still here. we hit it again in 1995 for four and a half months and didn't raise the debt ceiling, we survived that. we will survive this. a lot of this is media hype. of course you had the market drop about 160 points today. markets are super fluid. i predict that if we get this under control, we are heading in the right direction, they will rebound and they will recapture the lost wealth they had and they will recapture that if we get this under control. if we don't get this under control, that's where i would be real concerned about that because who in the heck is going to lend us money if we can't get our own financial house in order. again, this is the time to address this. this is what i came up here for. and we got sent up here to address these things and these are tough decisions. nobody wants anybody laid off. nobody wants anybody furloughed. nobody wants the markets to be rattle
we hit the debt ceiling in 1985. we didn't raise the debt ceiling, we hit it, we didn't raise it for three and a half months. we're still here. we hit it again in 1995 for four and a half months and didn't raise the debt ceiling, we survived that. we will survive this. a lot of this is media hype. of course you had the market drop about 160 points today. markets are super fluid. i predict that if we get this under control, we are heading in the right direction, they will rebound and they will...
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Aug 24, 2013
08/13
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MSNBCW
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the debt ceiling is a worse idea. house leadership is engaged in political wink wink theater where they effectively have to entertain every single harebrained idea that the right flank has to placate them. the question is, at the end of the day, can they bring them back from the brink? we saw john boehner fail there. his grasp seems to be loosening. . you would think that something would bring them back from the precipice, but i think the country, we get less and less convinced by the day that anybody's in charge here and that anybody has their hands on the captain's wheel. >> support for government shutdown is evaporating over the weekend. tea party, rand paul stated it plainly. shut down is a bad idea he said and we'll take a listen to him. >> i don't think shutting down the government is a good idea. but i do think we were elected, conservatives were elected to stop this overreach, this government takeover of health care. we should use the leverage of controlling part of government to get the law more to our liking
the debt ceiling is a worse idea. house leadership is engaged in political wink wink theater where they effectively have to entertain every single harebrained idea that the right flank has to placate them. the question is, at the end of the day, can they bring them back from the brink? we saw john boehner fail there. his grasp seems to be loosening. . you would think that something would bring them back from the precipice, but i think the country, we get less and less convinced by the day that...
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Oct 10, 2013
10/13
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ALJAZAM
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term raising of the debt ceiling. senate democrats have not wanted that, and he invited the entire republican cob cues to the white house, to talk about it. but speaker john baner decided that he didn't want to send all of the republicans and so they have 232 to 18. baner spokesman saying a meeting is only worthwhile if it is focused on finding a solution that's why the house republican conference will instead be represented by a smaller group of negotiators including the elected leadership and certain committee chairman. what is not clear here is whether in fact, baner will also deal with the debt ceiling short term debt ceiling deal, but reopening government. on that score, president obama reopened his call yesterday. >> if mr. baner wants to put a vote to the floor to make sure we reopen our government, and america pays its builts i'm confident it would pass. >> but so far, speaker baner has not done it. >> our randall congressional showing a new willington negotiate. >> we believe there's obvious some new willingn
term raising of the debt ceiling. senate democrats have not wanted that, and he invited the entire republican cob cues to the white house, to talk about it. but speaker john baner decided that he didn't want to send all of the republicans and so they have 232 to 18. baner spokesman saying a meeting is only worthwhile if it is focused on finding a solution that's why the house republican conference will instead be represented by a smaller group of negotiators including the elected leadership and...
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Jan 5, 2013
01/13
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and then say you don't want to raise the debt ceiling. you can't make those match. >> what's going on? you make a very good point. what's the ideology behind those folks? >> well, it is ideology, but also just -- essentially extortion. what they are trying to do, and been trying to do this, use the debt ceiling or basically black mail leverage they have to strip the social safety net in the country, to privatize social security, privatize medicaid, medica medicare. ith not about fiscal sanity. we can reach fiscal sanity. we have been working very well toward that. but this is all about ideology and philosophy. >> you called speaker boehner courageous for sending the fiscal cliff bill to the floor. you know speaker boehner saw republican defections in the speaker vote this week, he has favored heavy criticism from tea partiers and others. do you suspect similar courage from boehner in the weeks ahead? >> i think he wants to be krajuous. it's really horrible when an example of bipartisanship causes such consternation in one party. boehner w
and then say you don't want to raise the debt ceiling. you can't make those match. >> what's going on? you make a very good point. what's the ideology behind those folks? >> well, it is ideology, but also just -- essentially extortion. what they are trying to do, and been trying to do this, use the debt ceiling or basically black mail leverage they have to strip the social safety net in the country, to privatize social security, privatize medicaid, medica medicare. ith not about...
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Oct 9, 2013
10/13
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it is nonsense to worry about hitting the debt ceiling. republican congressman john flemming also does not think there is anything to worry about with the debt ceiling. he told the "new york times," quote, economists, what have they been doing? they make all sorts of predictions, many times they are wrong, so i don't think we should run government based on economist predictions. congressman john flemming says technically it is not possible to default. what happens in his mind if we doit the debt celling? in his mind, quote, nothing happens, so says louisiana republican congressman john flemming. florida republican congressman ted yoho sprained to congress this week saying if we hit the debt ceiling, it would be good for us, good for the whole world even. he says i think we need to all have that moment where we think we are going broke. personally i think it would be stalgt to the world markets. we're not going to default, there is no default. republican congressman justin amash of michigan says republicans have a different definition of de
it is nonsense to worry about hitting the debt ceiling. republican congressman john flemming also does not think there is anything to worry about with the debt ceiling. he told the "new york times," quote, economists, what have they been doing? they make all sorts of predictions, many times they are wrong, so i don't think we should run government based on economist predictions. congressman john flemming says technically it is not possible to default. what happens in his mind if we...
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Jan 15, 2013
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translation, the debt ceiling deal didn't do enough about the debt itself. so keep this in mind when you hear it said,be with great certainty it's the republicans trying to force spending cuts over endangering the nation credit rating. as will rogers quoted once, "it isn'tbe what we don't know that gives us trouble. it's what we know that ain't so." bret? >> bret: the president has effectively turned the messaging around. by saying it's about paying the bills that congress has already passed. the laws that it's already passed. republicans are saying it's about borrowing authority. essentially running up the country's credit card. >> exactly. what the republicans are saying is look, we maxed out the credit card. it's time before we extend any new credit or allow any new credit to do something aboutbe the spending that got us here. that would seem on the surface to be a reasonable argument. but so far, the republicans have not been able to win it. and what tends to happen in the fights when you get all of this late hour melodrama as we have had in the last cou
translation, the debt ceiling deal didn't do enough about the debt itself. so keep this in mind when you hear it said,be with great certainty it's the republicans trying to force spending cuts over endangering the nation credit rating. as will rogers quoted once, "it isn'tbe what we don't know that gives us trouble. it's what we know that ain't so." bret? >> bret: the president has effectively turned the messaging around. by saying it's about paying the bills that congress has...
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Oct 9, 2013
10/13
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ceiling, raising of the debt ceiling. they think despite opposition, they can vote on that before next week's deadline. richard? >> tracie potts, as always, thank you very much. >>> what's the last thing you expect to see the army buy during a government shutdown? how about a mechanical bull? on monday utah's national guard entered a contract to buy a mechanical bull. the cost for that? $47,000. they claim it's needed to attract new recruits. last week the government sent home close to 800,000 workers due to the shutdown. >>> this morning, president obama will nominate janet yellin to chair the reserve. she would be the first woman to chair the board. the 67-year-old has served as its vice chair since 2010. her nomination has been expected ever since larry summers with drew his name from nomination last month. >>> and undercover member of the nypd is charged in the motorcycle road rage case. he is a 32-year-old and ten-year veteran of the force. he will be arraigned today. police say video clearly shows him pounding on th
ceiling, raising of the debt ceiling. they think despite opposition, they can vote on that before next week's deadline. richard? >> tracie potts, as always, thank you very much. >>> what's the last thing you expect to see the army buy during a government shutdown? how about a mechanical bull? on monday utah's national guard entered a contract to buy a mechanical bull. the cost for that? $47,000. they claim it's needed to attract new recruits. last week the government sent home...
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Oct 12, 2013
10/13
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ahead of this week's debt ceiling deadline. wrapping it up all for us, live in washington. >> there are signs that nerves are getting really, really frayed up here. we saw an example of this just a little over an hour ago, when republicans who are continuing to pass these mini funding bills, yanked one of these that would fund native american health programs. when democrats asked for unanimous consent to change the title of this specific bill. they wanted to change it i'm not joking here to, and i quote, although we prefer a comb prehebsive, clean, continuing resolution to end a government shutdown. that is how petty things are getting up here. a more serious find of the impasse is several republicans emerged from their caucus meeting earlier this morning very disgruntled, very dismayed that the president appears to be rejecting a very promising plan put together by congressman paul ryan up here that would address some of the long-term drivers of deficit spending here. medicare, social security, a special reform to the tax code
ahead of this week's debt ceiling deadline. wrapping it up all for us, live in washington. >> there are signs that nerves are getting really, really frayed up here. we saw an example of this just a little over an hour ago, when republicans who are continuing to pass these mini funding bills, yanked one of these that would fund native american health programs. when democrats asked for unanimous consent to change the title of this specific bill. they wanted to change it i'm not joking here...
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doesn't secure a debt arising of its debt ceiling they'll have to default on its over sixteen and a half dollars of borrowing so you have the rest of the world very worried they're panicking you have the heads of various major financial. financial organizations like the i.m.f. talking about how american legislators need to be responsible that this bickering is ridiculous they need to find a way to get through this to the rest of the world doesn't have to pay for these dire consequences huge economic partners what will happen to them if the u.s. does go head into fall well according to experts whether or not it happens on thursday china is still going to rethink the way it does business with the united states here's jeffrey summers of the university of wisconsin milwaukee and united states of course is an economy which leads global credit and the foreign purchase of its treasury bills so this puts it in a very precarious position moving forward in terms of the ability to fund many of its programs domestically for those countries in which of finance it's a very very big player within their
doesn't secure a debt arising of its debt ceiling they'll have to default on its over sixteen and a half dollars of borrowing so you have the rest of the world very worried they're panicking you have the heads of various major financial. financial organizations like the i.m.f. talking about how american legislators need to be responsible that this bickering is ridiculous they need to find a way to get through this to the rest of the world doesn't have to pay for these dire consequences huge...
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Dec 22, 2013
12/13
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what i love about this poll, new round of the debt ceiling, manufactured potential debt ceiling crisis, the pea partiers, they're a strict constructionists who are all about the constitution. >> right. >> section 4, 14th amendment of the constitution says the validity of the u.s. debt authorized by law shall not be questioned. that is pretty clear. >> you don't actually think they've read the constitution. come on. >> that's we've got video earlier today. senator schumer was talking about it. on a serious note, obviously, the question becomes what is it they're going to try to hold hostage in these negotiations? i think we can probably guess what they are. let's take a listen to what senator schumer said and we'll talk about it on the other side. >> i would predict that republicans will back off any hostage taking, adding extraneous irrelevant issues to the debt ceiling. they learned in october that if they followed the tea party and said we're going to let the government default unless we get our way, it was highly unpopular. republicans will look back to october and say, we're not go
what i love about this poll, new round of the debt ceiling, manufactured potential debt ceiling crisis, the pea partiers, they're a strict constructionists who are all about the constitution. >> right. >> section 4, 14th amendment of the constitution says the validity of the u.s. debt authorized by law shall not be questioned. that is pretty clear. >> you don't actually think they've read the constitution. come on. >> that's we've got video earlier today. senator schumer...
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Oct 8, 2013
10/13
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, but the way the debt ceiling often got passed was you stick the debt ceiling on to a budget negotiations once it was completed, because people figured i don't want to take tough votes to cancel programs and raise taxes, but they want to do it all at once. it was not a situation in which, if i dent get what i want, i'm going to let it default. that's what changed since 2011. i said we're not going to do that again. not just for me, but because future presidents, republican or democrat, should not be in a position where they have to choose between making sure the economy stays afloat and we avoid worldwide catastrophe, or we provide concessions to one faction of one party in one house, and -- but let me tell you a lesson i did not learn. i did not learn a lesson we shouldn't compromise. i still think we should. i still think there are all kind of issues we should be talking about, and i don't get to get 100% of my way, and i'm still very open to having conversations with not just the speaker but any republican over there. so -- go ahead. >> if you enter interest a series of short-term fund
, but the way the debt ceiling often got passed was you stick the debt ceiling on to a budget negotiations once it was completed, because people figured i don't want to take tough votes to cancel programs and raise taxes, but they want to do it all at once. it was not a situation in which, if i dent get what i want, i'm going to let it default. that's what changed since 2011. i said we're not going to do that again. not just for me, but because future presidents, republican or democrat, should...
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Jan 23, 2013
01/13
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there's a huge de-escalation on the debt ceiling issue. hence the president's second major win in a month and shows republicans are in full on retreat on fiscal policy. president obama has consistently said his refused to negotiate. his strategy is indicated republicans are backed up their threats to take the nation into default. the president spared on republicans. they blinked because they realized they didn't have the leverage they thought they would. this is the president's second big victory in a row coming after the new year's eve agreement that ended bush tax breaks for the wealthiest 2% of americans. gambling was the fault was never a sound plan. substantively we all know, markets now, this is though, americans know as playing with fire. politically it was a loser as well. americans had a bad taste in the mouth that could join christ in 2011. poll showed that the republicans back then it would have the him even more so. in recent weeks many conservative opinion makers have been warning republicans this is a losing fight. even senat
there's a huge de-escalation on the debt ceiling issue. hence the president's second major win in a month and shows republicans are in full on retreat on fiscal policy. president obama has consistently said his refused to negotiate. his strategy is indicated republicans are backed up their threats to take the nation into default. the president spared on republicans. they blinked because they realized they didn't have the leverage they thought they would. this is the president's second big...
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Jan 9, 2013
01/13
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we will not negotiate over raising the debt ceiling. as the president said, he has demonstrated repeatedly that he is willing to compromise when it comes to moving forward with deficit reduction. we obviously because of the sequester and the cr and other issues have economic, budgetary, and fiscal challenges that we need to confront, and that requires discussion and negotiation with congress. but he will not negotiate over the fundamental responsibility that only congress has to raise the debt ceiling. and if that is a responsibility that is just too onerous for them to bear, they should pass it off to the president as they did previously. he will not negotiate over raising the debt ceiling. this is not -- were not going to play a hostage-situation game where the economy of the united states and the world suffers because of an insistence on a political agenda by one party and one house of congress -- or one party in both houses of congress. >> so if none of those things happens, and then -- so it's kind of a game of chicken -- and then
we will not negotiate over raising the debt ceiling. as the president said, he has demonstrated repeatedly that he is willing to compromise when it comes to moving forward with deficit reduction. we obviously because of the sequester and the cr and other issues have economic, budgetary, and fiscal challenges that we need to confront, and that requires discussion and negotiation with congress. but he will not negotiate over the fundamental responsibility that only congress has to raise the debt...
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Jan 6, 2013
01/13
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the whole idea that we're going to have a debt ceiling dispute. what is the debt ceiling? it says that a president of the united states tells the world of investors you can count on us to pay our bills. it's no more, and it's no less. they're going to hold him hostage over an issue like that? it's ridiculous. >> and i made a very oversimplistic analogy that it's like running up a credit card bill and then refusing to pay it. i grant you, there's a lot more parameters around that, but the root of it, it's kind of like that. and, in fact, members of the gop are talking about a partial government shutdown to get what they want in terms of negotiation for the debt ceiling. do you think that's going to happen? >> it could. it could because it's abundantly clear the speaker doesn't have control over the votes. what the president has done and effectively is to outreach to the american people and to tell boehner, don't wait until you have the majority of republicans agreeing on any given issue. let the congress vote. let some of your diehard republicans do what they have to do, ev
the whole idea that we're going to have a debt ceiling dispute. what is the debt ceiling? it says that a president of the united states tells the world of investors you can count on us to pay our bills. it's no more, and it's no less. they're going to hold him hostage over an issue like that? it's ridiculous. >> and i made a very oversimplistic analogy that it's like running up a credit card bill and then refusing to pay it. i grant you, there's a lot more parameters around that, but the...
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May 6, 2013
05/13
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and a bill to prioritize debt payments in case the debt ceiling is reached. live coverage of the house on c- span. the senate on c-span2 at 2:00 p.m. eastern. >> next, q&a with david stockman, followed by your , and comments on "washington journal. and the u.s. house of representatives returns from recess. >> this week on "q&a," former congressman and reagan's administration budget director david stockman discusses his latest book, entitled "the great deformation: the corruption of capitalism in america." >> david stockman, the author of the book "the great deformation. 1981, when you were budget director for ronald reagan? >> the last thing was that the machine of the government in united states is pretty brittle, and if mistakes are made, and, clearly, we made a huge mistake when the taxes were double thee
and a bill to prioritize debt payments in case the debt ceiling is reached. live coverage of the house on c- span. the senate on c-span2 at 2:00 p.m. eastern. >> next, q&a with david stockman, followed by your , and comments on "washington journal. and the u.s. house of representatives returns from recess. >> this week on "q&a," former congressman and reagan's administration budget director david stockman discusses his latest book, entitled "the great...
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the debt ceiling when there's no budget in effect the idea here is we're not the debt ceiling to pay what's in the budget whether you agree with that is going to various or like say you have a gun in your hand you have the suit shoot yourself in the foot with it now what i'm saying is this idea of continually upping the debt ceiling where there is no budget there's no formal budget just continuing resolution i think that's the cart before the horse i'd really like to see them say look if you're going to up the debt ceiling you're going to borrow more to pay a budget you've got to have a budget or suggesting a structural change to a problem that is essentially political the the solution is vote the bums out two years if you don't like what they're doing vote the bums i believe vote some people in that will be proactive and get us a budget i think the american people are as our guns today new york passed the toughest gun control law the nation and the first new gun laws in. the massacre at sandy hook elementary school under the new provision any assault weapons with a military rifle fe
the debt ceiling when there's no budget in effect the idea here is we're not the debt ceiling to pay what's in the budget whether you agree with that is going to various or like say you have a gun in your hand you have the suit shoot yourself in the foot with it now what i'm saying is this idea of continually upping the debt ceiling where there is no budget there's no formal budget just continuing resolution i think that's the cart before the horse i'd really like to see them say look if you're...
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Oct 9, 2013
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martha: now between this cr time and the debt ceiling time, two weeks now until we hit that debt ceiling number and the possibility of default. the white house says that magic day is october the 17th. that is next thursday. but president may be using some fuzzy math some think because he says even if we raise our debt ceiling, it won't increase our debt. >> because it is called raising the debt ceiling, i think a lot of americans think it's raising our debt. it is not raising our debt. this does not add a time to our debt. it simply says you pay for what congress has already authorized america to purchase. martha: really? is that so? stuart varney joins me now, host of "varney & company" on fbn. stuart, how is that possible? if that were possible we would bumped against the ceilings and gone down in the coming months, right? >> let me requote exactly what president obama just said. you pay for what congress also already authorized america to purchase. precisely. you pay for it. you have got to borrow to pay for it. you borrow more money, you increase the debt. president obama wants anoth
martha: now between this cr time and the debt ceiling time, two weeks now until we hit that debt ceiling number and the possibility of default. the white house says that magic day is october the 17th. that is next thursday. but president may be using some fuzzy math some think because he says even if we raise our debt ceiling, it won't increase our debt. >> because it is called raising the debt ceiling, i think a lot of americans think it's raising our debt. it is not raising our debt....
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Oct 7, 2013
10/13
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the country will run out of money in ten daps if the debt ceiling is -- days if the debt ceiling is not raised. john boehner said they won't pass it unless the president is willing to negotiate long-term deficit cuts or reform to the benefits. >> i told the president, we're not gonna pass it when the votes are not in the house with a clean debt limit. >> so far neither side appears willing to budge. >>> fleet week in san francisco was supposed to begin today but there's not much planned anymore. the airshow and navy parade of ships were canceled because of the sequestration. disaster response drills set to begin have been canceled due to the government shutdown. a veterans art exhibit is scheduled tomorrow and pier 39 will have fireworks every saturday this month to try to help make up for the cancellations. >>> the city of san francisco held its latest homeless connect event focusing on the lgbt community. the health department and volunteers put on the event as the lg -- at the lgbt center on market street. people could get information about help, housing and other assistance. organiz
the country will run out of money in ten daps if the debt ceiling is -- days if the debt ceiling is not raised. john boehner said they won't pass it unless the president is willing to negotiate long-term deficit cuts or reform to the benefits. >> i told the president, we're not gonna pass it when the votes are not in the house with a clean debt limit. >> so far neither side appears willing to budge. >>> fleet week in san francisco was supposed to begin today but there's not...
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ceiling, raising the debt ceiling. some have suggested that the president could do it by hem self by invoking the 14th amendment. the president spoke about that today. >> i no he there's been some discussion for example about my powers under the 14th amendment to go ahead and ignore the debt ceiling law. setting aside the legal analysis, what matters is, is that if you start having a situation in which there's legal controversy about the u.s. treasury's authority to issue debt, the damage will have been done even if that were constitutional. >> 14th amendment says the validity of the public debt, shall not be questioned. so does that give the president potentially, worst case, nightmare scenario, the u.s. about to default, an opening? >> no one know, wolf. no one knows whether the president has this power. and it's a measure of the desperation of the system that people are reading into the 14th amendment this power as somehow the president says a rabbit out of the hat to allow him to bypass congress. but i think there
ceiling, raising the debt ceiling. some have suggested that the president could do it by hem self by invoking the 14th amendment. the president spoke about that today. >> i no he there's been some discussion for example about my powers under the 14th amendment to go ahead and ignore the debt ceiling law. setting aside the legal analysis, what matters is, is that if you start having a situation in which there's legal controversy about the u.s. treasury's authority to issue debt, the damage...